Payment of Rebate Clause Samples

Payment of Rebate. The Borrower agrees to comply with the Tax Certificate and to take all steps necessary to compute and pay any rebatable arbitrage in accordance with Section 148(f) of the Code, including but not limited to the following:

Payment of Rebate. The Charterers (as sellers under the MOA) shall pay to the Owners (as buyers under the MOA) accrued Rebate over each Instalment on the last day of each Rebate Period (each a “Rebate Payment Date”).

Payment of Rebate. 10.7.1 In case the Long Term Transmission Customer pays to the TSP through any mode of payment in respect of a Monthly Transmission Charge Invoice or Supplementary ▇▇▇▇, the following shall apply: a. For payment of Invoices through any mode of payment, a Rebate of 2% shall be allowed on the Monthly Transmission Charge Invoice or Supplementary ▇▇▇▇ for payments made in full within one Business Day of the receipt of the Invoice; or b. For payment of Invoices subsequently, but within the Due Date, a Rebate of 1% shall be allowed on the payments made in full. c. Applicable rate of Rebate at (a) and (b) above shall be based on the date on which the payment has been actually credited to the TSP‟s account. Any delay in transfer of money to the TSP‟s account, on account of a statutory holiday, public holiday, or any other reasons shall be to the account of the Long Term Transmission Customers. d. No Rebate shall be payable on the bills raised on account of Change in Law relating to taxes, duties and cess; Provided that if any Long Term Transmission Customer fails to pay a Monthly Transmission Charge Invoice/ Supplementary ▇▇▇▇ or part thereof within and including the Due Date, the TSP shall recover such amount as per provisions of Article 10.11.1(f).

Payment of Rebate. (i) No earlier than 60 days, or later than 35 days, before each Rebate Installment Date, the Trustee shall notify the Authority by registered or certified mail, postage prepaid, or by Electronic Means, of its obligation to furnish the following with respect to each Series of Tax-Exempt Bonds which is a separate series for federal income tax purposes not later than 15 days prior to the applicable Rebate Installment Date: (w) a copy of Form 8038-T, if any rebate amount is owed to the federal government, (x) a statement of the amount due on the Rebate Installment Date, if any, (y) a certificate as to the accuracy of such determination of a certified public accountant (who may be an employee of the Authority) or a firm of accountants or other professionals, in each case having expertise in calculating the amount required to be paid pursuant to section 148(f) of the Code (each, a "Rebate Professional") and (z) if the amount held in the applicable Account of the Rebate Fund is less than the amount so determined, an amount in cash or funds available on such day equal to the difference. The Authority shall notify promptly the Trustee of each date which it selects as a Rebate Installment Date. Upon receipt of the foregoing, the Trustee shall make the payment provided for in subsection (c)(ii) below, but if the Trustee shall not have received all of the foregoing on the date due, the Trustee shall pay over to the United States within the period prescribed in subsection (c)(ii) below all of the funds then held in the applicable Account of the Rebate Fund, together with a copy of the applicable Form 8038-T, if available, unless on or before such date, the Authority shall have provided to the Trustee an unqualified opinion of a Rebate Professional stating that no further action by the Authority or the Trustee is necessary for compliance as of such Rebate Installment Date with section 148(±) of the Code. (ii) On or before each Rebate Installment Date, the Trustee, at the direction of the Authority, shall pay to the United States from amounts on deposit in the applicable Account of the Rebate Fund or, to the extent of a shortfall in the amount on deposit in the applicable Account, from amounts on deposit in the CFC Stabilization Fund, any "yield reduction payments" as aforesaid and/or a rebate amount which is at least 90% of the amount required to be paid pursuant to the provisions of section 148(±) of the Code as calculated by a Rebate Professional on behalf of the Auth...

Payment of Rebate. Payment of rebate by KYPERC is subject to the terms and conditions of this Agreement. Completed and approved Applications should have a rebate check issued within 90 days after the Application is received at the KYPERC office, subject to Available Funds. No Applicant has a legal right or other entitlement to receive rebates under the Program or this Agreement. A completed Application does not bind KYPERC to approve or pay a rebate to any applicant.

Payment of Rebate. The applicable rebate of the Termination Fee shall become payable to Customer upon execution of a new exclusive agreement for Initial Services by and between Customer and Metavante within thirty-six (36) months following the Effective Date of Termination (the "New Agreement"). The terms of such New Agreement shall be as mutually agreed by the parties and nothing herein shall obligate Metavante or Customer to accept any terms or conditions, whether or not previously acceptable to either of them. The rebate may be paid to Customer by Metavante, in its sole discretion, in the form of a discount to fees payable by Customer under the New Agreement or as a credit against implementation, conversion, training, or professional services fees payable by Customer, or in such other manner as Metavante shall decide. Customer's right to receive the rebate of the Termination Fee as provided under Section 5 above may not be cancelled or revoked except by a written instrument signed by Metavante expressly revoking Customer's right to receive such rebate delivered prior to execution of the New Agreement. SCHEDULE K TO MASTER AGREEMENT NETWORK 61 63 -------------------------------------------------------------------------------- BRANCH AUTOMATION AGREEMENT THIS AGREEMENT is entered into the 1 day of March 2001, by Metavante Corporation, a Wisconsin corporation ("Metavante") and Team Financial, Inc. ("Customer").

Payment of Rebate. Promptly after the close of each month, the Trustee shall provide the Borrower with a statement of each investment made in each fund and the earnings on each fund and account established under the Agreement for such month in such detail as will allow the Borrower to comply with the requirements of IRC Section 148.

Payment of Rebate. The Supplier shall pay the Customer the Rebate in respect of the Customer’s Spend in accordance with the Order Form. The Rebate is exclusive of VAT, which shall be added at the prevailing rate as applicable and paid by the Supplier. If at any time during this Call Off Contract Period the Supplier increases the Rebate Rate(s) in accordance with the terms of the Framework Agreement, the Supplier shall immediately increase the Rebate Rates(s) applicable under this Call Off Contract by the same amount. Recovery of Sums Due Any overpayment by either Party, whether of the Call Off Contract Charges, the Rebate or otherwise, shall be a sum of money recoverable by the Party who made the overpayment from the Party in receipt of the overpayment. The Supplier shall make any payments due to the Customer without any deduction whether by way of set-off, counterclaim, discount, abatement or otherwise unless the Supplier has a valid court order requiring an amount equal to such deduction to be paid by the Customer to the Supplier. All payments due shall be made within the time period set out in Clause 22.3.2 or 22.4.1 (as applicable) unless otherwise specified in this Call Off Contract, in cleared funds, to such bank or building society account as the recipient Party may from time to time direct. Euro Any requirement of Law to account for the Services in Euro, (or to prepare for such accounting) instead of and/or in addition to Sterling, shall be implemented by the Supplier free of charge to the Customer. The Customer shall provide all reasonable assistance to facilitate compliance with Clause 22.6.1 by the Supplier. Not USed STAFF AND STAFFING SECURITY Staff The Customer may, by written notice to the Supplier, refuse to admit onto, or withdraw permission to remain on, the Customer’s Premises: any member of the Staff; or any person employed or engaged by any member of the Staff, whose admission or continued presence would, in the reasonable opinion of the Customer, be undesirable. Staff engaged within the boundaries of the Customer’s Premises shall comply with such rules, regulations and requirements (including all those relating to security arrangements and the Security Policy) as may be in force from time to time for the conduct of personnel when at or within the boundaries of those Customer’s Premises. [Relevant Convictions INTENTIONALLY LEFT BLANK – NOT USED This Clause shall apply if the Customer has so specified in the Order Form. The Supplier shall ensure that no pe...

Payment of Rebate. The applicable rebate of the Termination Fee shall ----------------- become payable to Reseller upon execution of a new agreement for reselling ▇▇▇▇ Payment Services by and between Reseller and Metavante within thirty- six (36) months following the Effective Date of Termination (the "New Agreement"). The terms of such New Agreement shall be as mutually agreed by the parties and nothing herein shall obligate Metavante or Reseller to accept any terms or conditions, whether or not previously acceptable to either of them. The rebate may be paid to Reseller by Metavante, in its sole discretion, in the form of a discount to fees payable by Reseller under the New Agreement or as a credit against implementation, conversion, training, or professional services fees payable by Reseller, or in such other manner as Metavante shall decide. Reseller's right to receive the rebate of the Termination Fee as provided under Section 5 above may not be cancelled or revoked except by a written instrument signed by Metavante expressly revoking Reseller's right to receive such rebate delivered prior to execution of the New Agreement.